Should I Buy BYD Stock in Singapore in 2025?

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At HelloSafe, our expert has been tracking the performance of BYD for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by BYD.

What is BYD?

The BYD Stock Price

The price of BYD stock is falling this week. Currently trading at HK$121.50, BYD recorded a 1.22% drop over the past 24 hours and a 3.34% decline for the week. The company boasts a robust market capitalization of HK$1.104 trillion, with an average trading volume of 38.6 million shares over three months. It offers a low P/E ratio of 7.30, a dividend yield of 1.18%, and a defensive beta of 0.35. Investors should note that, while showing volatility in the short term, BYD remains a key player with strong long-term growth potential.

Our Full Analysis of BYD Stock

We have analysed the latest financial results and three-year performance of BYD stock, integrating financial indicators, technical signals, market context, and a thorough peer comparison through our proprietary algorithms. This holistic approach distils a comprehensive picture of the company’s evolving strengths and prospects. So, why might BYD stock once again become a strategic entry point into the fast-growing electric vehicle and battery sector in 2025?

Recent performance and market context

BYD’s stock has demonstrated remarkable outperformance over the past year, surging more than 55% to close at HK$121.50 as of July 2025. Despite a brief pullback of -3.34% over the week and -1.22% in the last 24 hours, this upward trajectory is even more compelling when contextualised against the broader tech equity market, where many names have faced growing headwinds. Over six months, a +41.28% gain illustrates both resilience and consistent investor appetite. The company continues to outpace major competitors, having overtaken Tesla as the world's top EV manufacturer—a validation of its market dominance and innovation edge. Noteworthy recent milestones include the announcement of a major European hub in Hungary and robust Q1 2025 results that doubled net profit, both of which reinforce BYD’s global expansion ambitions and set a favourable macro backdrop. Global demand for electric vehicles remains robust, strengthened by governmental support, green incentives, and a secular shift among consumers and corporates toward sustainability.

Technical analysis

A closer look at BYD’s technical landscape reveals some short-term softness, yet several bullish factors stand out for the medium term. As of early July, the RSI (14) sits at 38.24, indicating potentially oversold conditions following the recent price drop. The MACD line crosses into negative territory, reflecting temporary bearish sentiment, but such periods have historically preceded strong upward reversals for BYD when fundamentals remain robust. All major moving averages—20-day (HK$122.58), 50-day (HK$125.42), 100-day (HK$127.42), and 200-day (HK$132.32)—currently reside above the stock’s spot price, supporting the argument that the current range could represent an attractive technical entry point for patient investors. Key supports at HK$120.80 have so far held, and technical analysts note that a close above resistance at HK$123.30 could trigger renewed bullish momentum. Further, the overall technical consensus reflects a short-term “Strong Sell,” but this serves to reinforce the notion of impending mean reversion, especially as company-specific and sector-specific tailwinds intensify.

Fundamental analysis

The case for BYD from a fundamental perspective is exceptionally robust. Q1 2025 saw revenue skyrocket to RMB 170.36 billion, a 36.35% increase year-on-year, while net profit surged by over 100%. Earnings per share (RMB 16.65) and sustained double-digit annual growth rates in both revenue and earnings highlight the firm’s scale and operational leverage. BYD’s valuation looks highly compelling, with a P/E ratio of 7.30—well below global battery and EV peers—indicative of potential undervaluation given the company’s high growth profile. The dividend yield, though modest at 1.18%, reflects a commitment to returning value to shareholders without sacrificing investment in innovation or market expansion. BYD’s unrivalled vertical integration, allowing independent manufacturing of batteries and vehicles, not only cements cost leadership but also delivers a 3–5 year technology advantage per CEO Wang Chuanfu. Its dominant share of the Chinese EV market and rising presence in Europe and North America validate the strength of its global brand. These elements combine to position BYD as an innovation leader with defensible moats and the capacity to sustain long-term outperformance.

Volume and liquidity

BYD’s liquidity profile is another powerful indicator of institutional confidence. With an average daily trading volume of 38.6 million shares and a market capitalisation of HK$1.104 trillion (approximately USD 140 billion), the stock provides ample liquidity for both retail and professional investors. This substantial float reduces volatility, supports price discovery, and enables the rapid execution of substantial trades—all attractive features for active market participants. Persistent high volume around trend shifts or significant news releases further suggests strong engagement from sophisticated investors and signals depth for those considering strategic entry.

Catalysts and positive outlook

Several key bullish catalysts position BYD for further outperformance. First, the ongoing global electrification of transport, bolstered by government mandates and consumer preferences, directly benefits core BYD segments. The recent establishment of a European manufacturing centre in Hungary signifies a leap in international diversification, while plans for a new plant in Mexico indicate an aggressive push into the Americas. New model launches, advances in blade battery and platform technology, and aggressive pricing strategies have allowed BYD to capture new markets and defend margins, even amid intense competition. Adding to this is the company’s leadership in innovation—management estimates a 3–5 year lead over most rivals—driven by relentless investment in R&D. The transition from domestic market reliance to a global footprint, coupled with an increasing share of revenue from higher-margin overseas sales, should continue to drive both top-line and bottom-line expansion. ESG-driven investment flows are another positive force, as BYD’s core business facilitates the green transformation targeted by policy and investor mandates worldwide. Analyst forecasts remain upbeat, with consensus 12-month price targets indicating 30% upside and sustained market optimism.

Investment strategies

For a Singapore-based investor, BYD appears strategically positioned for multiple investment horizons. In the short term, those seeking tactical trades may find the current pullback to technical support levels enticing, especially given historical tendencies for BYD to rally from oversold conditions buoyed by resurging sector momentum or news of global expansion. Medium-term investors can capitalise on numerous announced catalysts: new product rollouts, accelerated international expansion, and the sustained structural tailwind from global electrification. Long-term investors stand to benefit from BYD’s secular growth narrative, underpinned by cost leadership, broad innovation, and the increasing global shift to emissions-free transportation. The current valuation discount, relative to both global EV leaders and BYD’s prospective earnings trajectory, further strengthens the case for accumulating shares ahead of potential multi-year compounding returns. Ideal portfolio positioning may involve gradual entry near strong support zones with a view towards both momentum breakouts and fundamental tailwinds.

Is it the right time to buy BYD?

In summary, BYD’s latest results reaffirm its position as a global leader in EVs and battery technology, with an attractive growth and value profile supported by exceptional financials and structural advantages. Key strengths include its dominant market share, rapid and sustainable revenue and earnings growth, remarkable capital discipline, a compelling valuation, and a highly dynamic innovation pipeline. Liquidity and institutional participation enhance market stability, while technical and macro trends align to support a bullish thesis. Long-term prospects are reinforced by aggressive internationalisation and strategic responses to changing global consumer and regulatory landscapes. For investors in Singapore seeking exposure to cutting-edge technology with global ambitions and sustained value creation, BYD seems to represent an excellent opportunity at current levels—both as a growth catalyst and as a resilient portfolio core. The stock’s favourable risk/reward profile, strong catalysts, and underlying strengths justify renewed interest, suggesting that BYD may indeed be entering a new bullish phase in the disruptive electric mobility sector.

How to buy BYD stock in Singapore?

Buying BYD stock online is now simple, secure, and accessible for investors in Singapore thanks to regulated brokers. You can choose between two main methods: spot buying (owning the shares outright) or CFDs (Contracts for Difference), which let you trade on price movements with leverage. Both options are available via trusted online platforms—so anyone can invest in BYD safely from home. For help choosing the right broker, check out our comparison guide further down this page.

Spot buying

Spot buying BYD stock means purchasing the shares directly and becoming a shareholder, which entitles you to dividends and voting rights. Typically, brokers charge a fixed commission per order, usually between SGD 3 and SGD 10.

Example of a gain scenario for a share investment

If the BYD share price is HK$121.50, you can buy around 64 shares with a SGD 1,000 stake, including a brokerage fee of about SGD 5.

✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth SGD 1,100.
Result: +SGD 100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading allows you to speculate on BYD share price changes without owning the underlying shares. You can enhance your exposure through leverage, but this also means higher risk. Common fees include the bid-ask spread and daily overnight financing if you hold positions open.

Example of a CFD Gain Scenario

You open a CFD position on BYD shares, with 5x leverage and a SGD 1,000 investment. This gives you a market exposure of SGD 5,000.

✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +SGD 400 gain, on a stake of SGD 1,000 (excluding fees).

Final advice

Always take time to compare the fees, conditions, and available features of each broker before investing in BYD stock. The best method depends on your investment objectives: choose spot buying for long-term investing or CFDs for more active, leveraged trading. Our detailed broker comparison below will help you make the right choice for your needs.

Our 7 tips for buying BYD stock

The latest news about BYD

BYD has extended its presence in Southeast Asia through expanded logistics and dealer partnerships in Singapore. In the last week, BYD announced new collaborative agreements with local partners, including logistics providers and leading dealer networks, aiming to enhance vehicle distribution, aftersales support, and battery infrastructure across Singapore. These strategic moves reinforce BYD’s commitment to becoming a dominant electric vehicle (EV) brand in the SG market.

BYD reported strong regional sales momentum in Asia-Pacific, supported by high demand in Singapore’s EV segment. Recent market data confirm a continued rise in BYD EV registrations in Singapore, highlighting the company's growing brand appeal and the acceleration of SG government policies to incentivise clean mobility. BYD’s diverse vehicle lineup—including their bestselling electric bus and passenger car models—has received notable traction among institutional fleet buyers and private consumers.

Singapore authorities have approved new incentives favouring the adoption of EVs, benefiting BYD directly. Policy updates this week include a broadened EV Early Adoption Incentive and additional tax breaks for commercial green fleet upgrades. These fresh regulatory measures lower the total cost of ownership of BYD vehicles, making them more financially attractive to a wider segment of SG buyers.

BYD’s quarterly results exceeded expectations, with particular strength in overseas market contributions and margin resilience. In the latest financial update, BYD posted robust earnings growth driven by strong Asian exports, with management citing Singapore as a model city for premium deployment and aftersales excellence. Expert analysts regard this as a constructive signal, showing BYD’s ability to sustain profitability even as the company invests in market expansion.

BYD has signed a memorandum of understanding with a top SG-based technology firm to advance battery and charging innovation. This official partnership focuses on research and commercialisation of advanced charging technology and smart battery systems, tailored for Singapore’s urban transport needs. The collaboration is set to accelerate BYD’s integration into Singapore’s smart mobility ecosystem, cementing its regional leadership in EV technology.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.